Let me tell you a story. By the third year into my career, I managed to rise to be the head of research at the number one foreign broker in Thailand. By that time, I had good technical skills and a reasonable amount of experience.

But, like my peers, I was overwhelmed with initiating coverage, forecasting, and valuation; this caused me a lot of stress. A new boss arrived on the scene, and due to the stress and overload, I was not able to keep a level head. Eventually, he and I had a showdown, and I lost that job.

What a crash! From the number one position at the number one foreign broker to unemployed, all due to a lack of efficiency.

I eventually joined another firm at my prior position as bank analyst. It was the best move I ever made.

I hired my now business partner, Sornsak, and we started working intensely to create a standardized valuation model. Our objective was to standardize the tedious, non-value-added parts of the valuation process; this allowed me to forecast and value companies two to three times faster than my peers!

Sornsak and I have worked together for two decades to develop that model, it is now called ValueModel, and it is the model used in the Valuation Master Class to teach my students how to be much more efficient.